Clarkston Capital Partners LLC Buys 105,325 Shares of Post Holdings, Inc. $POST

Key Points

• Clarkston Capital Partners LLC has increased its stake in Post Holdings, Inc. by 3.2%, now owning approximately 3.36 million shares, making it the largest holding in their portfolio.
• Multiple institutional investors have significantly raised their positions in Post Holdings, reflecting a robust interest, with nearly 94.85% of the stock currently owned by institutional investors.
• Post Holdings reported $2.03 EPS in its latest quarterly earnings, exceeding analysts' expectations of $1.67, alongside a revenue of $1.98 billion, up 1.9% year-over-year.

Clarkston Capital Partners LLC lifted its stake in shares of Post Holdings, Inc. (NYSE:POST - Free Report) by 3.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,364,510 shares of the company's stock after purchasing an additional 105,325 shares during the period. Post accounts for about 7.7% of Clarkston Capital Partners LLC's portfolio, making the stock its largest holding. Clarkston Capital Partners LLC owned approximately 5.96% of Post worth $391,494,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Brooklyn Investment Group boosted its holdings in shares of Post by 232.1% during the 1st quarter. Brooklyn Investment Group now owns 279 shares of the company's stock worth $32,000 after purchasing an additional 195 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in Post by 68.4% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 352 shares of the company's stock valued at $41,000 after acquiring an additional 143 shares during the last quarter. Millstone Evans Group LLC grew its position in Post by 167.2% in the first quarter. Millstone Evans Group LLC now owns 358 shares of the company's stock worth $42,000 after acquiring an additional 224 shares during the period. True Wealth Design LLC increased its stake in Post by 281.2% during the fourth quarter. True Wealth Design LLC now owns 385 shares of the company's stock worth $44,000 after acquiring an additional 284 shares during the last quarter. Finally, Bessemer Group Inc. raised its position in Post by 200.0% in the first quarter. Bessemer Group Inc. now owns 477 shares of the company's stock valued at $56,000 after purchasing an additional 318 shares during the period. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Mizuho decreased their price target on Post from $133.00 to $127.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 28th. Piper Sandler upped their price target on Post from $140.00 to $150.00 and gave the company an "overweight" rating in a research note on Wednesday, June 11th. Wells Fargo & Company decreased their price target on Post from $120.00 to $117.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 9th. Evercore ISI upped their price target on Post from $130.00 to $131.00 and gave the company an "outperform" rating in a research note on Wednesday, June 4th. Finally, JPMorgan Chase & Co. started coverage on Post in a research note on Wednesday. They set an "overweight" rating and a $122.00 price target on the stock. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Post presently has a consensus rating of "Moderate Buy" and an average target price of $129.40.

Post Stock Up 0.7%

NYSE:POST opened at $110.6360 on Thursday. The company has a quick ratio of 1.84, a current ratio of 2.60 and a debt-to-equity ratio of 1.83. The stock's fifty day moving average is $108.23 and its two-hundred day moving average is $110.93. Post Holdings, Inc. has a 52 week low of $101.05 and a 52 week high of $125.84. The stock has a market capitalization of $6.01 billion, a price-to-earnings ratio of 18.82 and a beta of 0.49.

Post (NYSE:POST - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $2.03 EPS for the quarter, topping analysts' consensus estimates of $1.67 by $0.36. Post had a return on equity of 10.80% and a net margin of 4.62%.The company had revenue of $1.98 billion for the quarter, compared to analysts' expectations of $1.95 billion. During the same period in the prior year, the firm earned $1.54 earnings per share. The firm's revenue was up 1.9% compared to the same quarter last year. Research analysts anticipate that Post Holdings, Inc. will post 6.41 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Nicolas Catoggio sold 1,750 shares of the company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $108.97, for a total transaction of $190,697.50. Following the sale, the chief executive officer owned 43,751 shares of the company's stock, valued at approximately $4,767,546.47. This represents a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William P. Stiritz acquired 186,740 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were bought at an average cost of $109.11 per share, for a total transaction of $20,375,201.40. Following the transaction, the director directly owned 4,298,667 shares of the company's stock, valued at approximately $469,027,556.37. This trade represents a 4.54% increase in their position. The disclosure for this purchase can be found here. 11.40% of the stock is currently owned by corporate insiders.

Post Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.

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